The average age of non-executives directors has risen by 2.4 years in the past decade to 60.3 years, according to Spencer Stuart, the executive search group AlamyThe perception of Britain’s non-executive directors as a club for the “pale, male and stale” has been reinforced by research into the boards of the biggest quoted companies. The average age of non-executive directors in the top 150 companies in the FTSE rankings topped 60 for the first time this year, according to Spencer Stuart, the executive search group. The firm said that the average age of non-executives directors had risen by 2.4 years in the past decade to 60.3 years, showing that British boards were steadily getting older. According to its 2017 UK Board Index, there has been a rise in the average age of executive and non-executive directors, in stark contrast with boards in many other European countries. Boards in France, Italy, Netherlands…
Source: The Times December 19, 2017 00:04 UTC